United Gulf Investment Corporation B.S.C Balance Sheet Health
Financial Health criteria checks 6/6
United Gulf Investment B.S.C has a total shareholder equity of BHD40.3M and total debt of BHD17.4M, which brings its debt-to-equity ratio to 43.2%. Its total assets and total liabilities are BHD68.8M and BHD28.5M respectively. United Gulf Investment B.S.C's EBIT is BHD1.9M making its interest coverage ratio 6.6. It has cash and short-term investments of BHD5.7M.
Key information
43.2%
Debt to equity ratio
ب.د17.42m
Debt
| Interest coverage ratio | 6.6x |
| Cash | ب.د5.73m |
| Equity | ب.د40.32m |
| Total liabilities | ب.د28.47m |
| Total assets | ب.د68.79m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: UGIC's short term assets (BHD38.8M) exceed its short term liabilities (BHD13.2M).
Long Term Liabilities: UGIC's short term assets (BHD38.8M) exceed its long term liabilities (BHD15.2M).
Debt to Equity History and Analysis
Debt Level: UGIC's net debt to equity ratio (29%) is considered satisfactory.
Reducing Debt: UGIC's debt to equity ratio has reduced from 86.8% to 43.2% over the past 5 years.
Debt Coverage: UGIC's debt is well covered by operating cash flow (25.3%).
Interest Coverage: UGIC's interest payments on its debt are well covered by EBIT (6.6x coverage).